Article: Yedioth Ahronoth Worth $700 million

Yedioth Ahronoth Company owners of the daily newspaper, as well as the magazine La'isha, Zahav Cable Television Company and part of Television Channel Two saw 1997 profits rise to NIS 140 million. The privately held company now has an estimated market value of $700 million. One of the reasons for this is continuously increasing profits. A 1997 forty percent increase in profits over 1996 has increased share holders equity to about NIS ...

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